Saturday, July 25, 2009

Consumer Protection/Health Care: Folks are concerned

Treasury Secretary Timothy F. Geithner supports transferring consumer protection authority from bank regulators to a new agency.

Federal Reserve Chairman Ban S. Bernanke argues that consumer protections are best overseen by the Fed and banking regulators.

Comptroller of the Currency John C. Dugan supports an agency to write financial rules to protect consumers, but says banking regulators should monitor and enforce the standards.

FDIC chairman Sheila C. Bair supports creating an agency to write financial rules to protect consumers, but says banking regulators should oversee sand enforce standards.

Published by the Washington Post, July 25, 2009 on page A12.

I would share their thoughts and would like to witness such leaders with clout to activate their thoughts into action for the best interests of consumers in USA.

In China, leaders are saying the same for folks in China.

My best wishes to thinkers to enpower more clout to ordinary citizens for the wellbeing of all taxpayers in both nations.

Francis Shieh a.k.a. Xie Shihao on July 25, 2009 at 10.46 a.m.

Note: My previous blog has a typo error.

No. 5 in "Treasures in Trio": Should be: Mannerism not Mannernism,my finger goofed for the letter" n." With Regrets!

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